To amend the Internal Revenue Code of 1986 to repeal the reduction in the deductible portion of expenses for business meals and entertainment.

Summary

Amends the Internal Revenue Code to increase the income tax deduction for business meals and entertainment expenses from 50 to 75% of such expenses in calendar year 2011 and 80% in 2012 and thereafter.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 26 January 2011

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 26 January 2011

   Introduced

   Introduced in House

   Source: IntroReferral

3. 26 January 2011

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 26 January 2011 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 26 January 2011

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 26 January 2011

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 26 January 2011

  Open at official source

Sponsors

• Rep. Berkley, Shelley [D-NV-1] · D · Sponsor
• Rep. Manzullo, Donald A. [R-IL-16] · R · Cosponsor
• Rep. Kelly, Mike [R-PA-16] · R · Cosponsor
• Colleen Hanabusa · D · Cosponsor
• · hswm00 · Standing

Related records

• related to ← A bill to amend the Internal Revenue Code of 1986 to repeal the reduction in the deductible portion of expenses for business meals and entertainment.